Forex Lunatic MT4 Indicator

Forex Lunatic MT4 Indicator:

About the Forex Lunatic MT4 Indicator

Ever wonder how to apply zodiac and moon cycle on your trading?

Don’t get me wrong, moon cycle doesn’t give you when to buy or when to sell.

But it gives you a different time frame that isn’t shown in minutes, hourly or daily time frame.

Pay attention to the market movement during New Moon and Full Moon Phases. Set to True “Use 4 Phases Only”.

Often the market is trending during these phases.

This indi also shows you the current trend of the market and it paints a candle on each zodiac.

It has Heikin Ashi candle and normal candle stick mode. Press “2” in order to switch back and forth.

There are 12 houses in Zodiac, each house will show you how the market is moving.

A zodiac candle that lasts more than 2 days, it indicates a strong support/resistance.

A marubozu candle that appears in a particular zodiac, indicates a strong trend!

This indi also shows pivot point using Gann degree, which by default it’s set to 45 degree.

45 degree is a very important degree according to Gann. These gann levels on is relative to its own zodiac and it acts as a support and resistance.

There is also a signal line that allows to tell you what’s the market trend now. You can set it to repaint or not.

When it’s set to false (No repaint), signal is updated every new bar. This can be used as a lagging indicator.

But you can always pay attention to the signal trigger line, whenever price croses the signal trigger line, it indicates trend change.

MA for zodiac candles is also available.

Press “3” to switch back/forth MA slope. MA slope helps identify the trend within that zodiac candle.

Press “4” to switch back/forth Daily Candle Stick overlay style (Heikenashi or Japanese Candle Stick)

If the zodiac candle sticks become jumbled, on your keyboard press any of the following keys 1 or Home or Page Up or Page Down or End in order to refresh the indicator.

Test results:

Forex Lunatic MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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